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vsa with Malcolm

  • #13,261
  • Feb 18, 2011 8:13am Feb 18, 2011 8:13am
Quoting amletit
Well I'll be honest. I do trust MacD. A Couple of months ago it said happy meal prices were going to raise. And it actually happened. And VSA customers did not even have a little hint of it!

next we'll have BK and WEndy's and KFC indiys all over the place
  • #13,262
  • Feb 18, 2011 8:13am Feb 18, 2011 8:13am
Quoting willkohsg
anywhere we can reload longs? 1.3610-1.3600ish??
Scuba people say 3610 should be watched with attention
  • #13,263
  • Feb 18, 2011 8:14am Feb 18, 2011 8:14am
Quoting donfriday
looking for new job.
hey Sir don & guys/gals,
let's not go that far..
let's try to keep this thread peaceful (but clean-fun), & different from most FF threads
  • #13,264
  • Feb 18, 2011 8:14am Feb 18, 2011 8:14am
Could someone with a decent volume feed please tell me if the last 1 hour bar in GU was quite low volume for this time of day just before US session? Seems like weakness to me but I would like someone else to confirm.
  • #13,265
  • Feb 18, 2011 8:14am Feb 18, 2011 8:14am
About 2 hours ago. My screen went black...

And red letter came flashing up...

It said...

HARD SHYT!!!.

thats when i knew.
  • #13,266
  • Feb 18, 2011 8:15am Feb 18, 2011 8:15am
Quoting uksnowman
Could someone with a decent volume feed please tell me if the last 1 hour bar in GU was quite low volume for this time of day just before US session? Seems like weakness to me but I would like someone else to confirm.
No idea, mine was nearly 300 pips wide
  • #13,267
  • Feb 18, 2011 8:15am Feb 18, 2011 8:15am
Quoting amletit
Scuba people say 3610 should be watched with attention
thanks dude by the way, what is a test? any definition?
sorry for newbie question..
  • #13,268
  • Feb 18, 2011 8:16am Feb 18, 2011 8:16am
i am looking to buy around 3617 yesterdays high. really not happy i had a long at 3560, closed it for 2 pips about 1 minute before it shot up 80 pips because it started coming down slightly and couldnt afford another loss. to say im p155ed would be an understatement. badly needed those 80 pips. now stuck with no entry, too oversold short term to go long, cant go short.
  • #13,269
  • Feb 18, 2011 8:18am Feb 18, 2011 8:18am
Quoting amletit
Well I'll be honest. I do trust MacD. A Couple of months ago it said happy meal prices were going to raise. And it actually happened. And VSA customers did not even have a little hint of it!
I know some experienced traders who consider MACD as their God gift as well. Have a period of time tried it but I found it just another lagging indicator, combined by a few MA..
  • #13,270
  • Feb 18, 2011 8:20am Feb 18, 2011 8:20am
Quoting supremeChaos
hey Sir don & guys/gals,
let's not go that far..
let's try to keep this thread peaceful (but clean-fun), & different from most FF threads

I respect malc opinion right from Auslanco thread and will always do even i don't trade with volume.
he can be crazy at times just like everyone does when you over ejaculate.lol
MY OPINION NOT FINANCIAL ADVISE
  • #13,271
  • Feb 18, 2011 8:22am Feb 18, 2011 8:22am
Quoting willkohsg
by the way, can anyone explain what is a test?
sorry for newbie question
This is when you piss on the stick and get two blue stripes
  • #13,272
  • Feb 18, 2011 8:23am Feb 18, 2011 8:23am
Quoting donfriday
I respect..
he can be crazy at times just like everyone does when you...lol

this is vsa thread..
  • #13,273
  • Feb 18, 2011 8:23am Feb 18, 2011 8:23am
another no supply red candle forming on the currently hourly chart..
39 mins more to go ..

just another noob qns:
no supply red bar means that supply has dried up and that price is poised to move higher from here?
  • #13,274
  • Feb 18, 2011 8:25am Feb 18, 2011 8:25am
Quoting uksnowman
Could someone with a decent volume feed please tell me if the last 1 hour bar in GU was quite low volume for this time of day just before US session? Seems like weakness to me but I would like someone else to confirm.
Now that i've got mine sorted, it was the highest of the day;
Attached Image (click to enlarge)
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  • #13,275
  • Feb 18, 2011 8:25am Feb 18, 2011 8:25am
Quoting 1pipperhour
This is when you piss on the stick and get two blue stripes
  • #13,276
  • Feb 18, 2011 8:27am Feb 18, 2011 8:27am
Sonofsin5,
Are you planning to jumb on gu today? Yesterday I jump in but got stopped out at BE. Today seems too late for entry, it's testing the monthly Pivot as well
  • #13,277
  • Feb 18, 2011 8:28am Feb 18, 2011 8:28am
testing 3610/00. yesterdays high 3618

pay attention to tests or if still too much supply persistent.
  • #13,278
  • Feb 18, 2011 8:29am Feb 18, 2011 8:29am
Quoting Sonofsin5
Well I dont normally like giving a personal longer term analysis but I'm going to stick my neck out and call it as I see it. I see major buying in the GBPUSd. Looking at a hourly chart for the week you can clearly see the level that has been protected and bought. We have had an incredible amount of news this week shaking the USD such as NJ bond defaults and the tension in Egypt to name a few. With no real downside pressure and todays "pin" bar I am targeting a break of 1.6250 next week. I am curently long from below .6060 and will look to add....

Still enough time today to take out last weeks highs and chase some stops. With the political unrest around the Globe I thinking traders will choose not to hold massive positions over the weekend which could lead to some very choppy price action come mid us sesion today.

6220 is an area I am watching for testing and another possible longside entry.
  • #13,279
  • Feb 18, 2011 8:35am Feb 18, 2011 8:35am
timmy to speak in 10m.

i'd like him to speak in the evenings, so i could fall asleep during the fairytales he tells

http://deathby1000papercuts.com/wp-c...geithner-2.jpg

you possibly can see him supporting 3618 on the eur on that pic, yesterdays highs which we currently test.
  • #13,280
  • Feb 18, 2011 8:39am Feb 18, 2011 8:39am
Quoting Sonofsin5
Still enough time today to take out last weeks highs and chase some stops. With the political unrest around the Globe I thinking traders will choose not to hold massive positions over the weekend which could lead to some very choppy price action come mid us sesion today.

6220 is an area I am watching for testing and another possible longside entry.
Bought at 6047 during the week, got out at 6110, really should have held that position
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